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Cointelegraph

Is there any chance left to save the CLARITY Act?

CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing.Water, water everywhere and not a drop to drink may be the sentiment of the crypto industry, lobbyists and lawmakers who’ve spent the last year trying to get the CLARITY Act over the line. No shortage of negotiations, amendments or political…

Photo: Cointelegraph

CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing.Water, water everywhere and not a drop to drink may be the sentiment of the crypto industry, lobbyists and lawmakers who’ve spent the last year trying to get the CLARITY Act over the line.

No shortage of negotiations, amendments or political wrangling; yet not enough to get the bill moving through the Senate.

The CLARITY Act may have rammed into a Senate-shaped hurdle this week, but it isn’t dead on arrival yet — let’s go with walking wounded.

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Originally published by Cointelegraph. Read the full story at the source →

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